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General Mills Stock To Go Ex-dividend Tomorrow (GIS)

The ex-dividend date for General Mills (NYSE:GIS) is tomorrow, January 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $41.61 as of 9:31 a.m., the dividend yield is 3.2%.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for General Mills (NYSE: GIS) is tomorrow, January 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $41.61 as of 9:31 a.m. ET, the dividend yield is 3.2%.

The average volume for General Mills has been 3.6 million shares per day over the past 30 days. General Mills has a market cap of $26.73 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 2.3% year to date as of the close of trading on Friday.

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full General Mills Ratings Report.